American Express (AXP) to acquire B2B payment automation company

Go back to American Express (AXP) to acquire B2B payment automation company

American Express (AXP) to Acquire B2B Payments Automation Company Nipendo

January 12, 2023 9:00 AM EST

American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payments processes.

The transaction is American Express latest strategic step toward its goal of creating a leading end-to-end B2B platform, making business payments simpler and more efficient. American Express is building a broader suite of B2B capabilities for both buyers and suppliers through new product development, M&A and partnerships.

In 2019 Amex acquired... More

American Express (AXP) PT Lowered to $145 at Oppenheimer

January 11, 2023 7:51 AM EST

Oppenheimer analyst Dominick Gabriele lowered the price target on American Express (NYSE: AXP) to $145.00 (from $158.00) while maintaining a Outperform rating.... More

American Express (AXP) PT Lowered to $166 at JPMorgan

January 10, 2023 7:37 AM EST

JPMorgan analyst Richard Shane lowered the price target on American Express (NYSE: AXP) to $166.00 (from $170.00) while maintaining a Neutral rating.... More